It was not enough! Forward Gaming made it through the TI Regional Qualifiers but still had to shut down business “due to insufficient financial results”.
It’s a big surprise, but the TI participants surrounding Quinn ‘CCnC‘ Callahan and Yawar ‘YawaR‘ Hassan won’t be playing for Forward Gaming anymore.
Source – @TheDashtoyan
The CEO and Co-Founder David Dashtoyan released a statement in which he explained why Forward Gaming won’t be participating in the Dota 2 Circuit.
Forward Gaming Termination
It’s hard to close a company.
It’s even harder to close the company you’ve found.
With a heavy heart, I regret to announce that Forward Gaming ceases to exist. As of today, all employees’ contracts are being released and our players become free agents.
I also regret to inform that we have to close the company with the debt remaining owed to the players. Due to insufficient financial results, we are unable to cover players’ salaries for July as well as $36,000 of players’ share of prize money (which was used to partly cover June’s salary).
Back in June we informed players about the company’s state and told them that we might shut down the team right after the Epicenter Major. However, we decided to wait until the end of TI qualifier in the hope that we would be able to overcome our financial difficulties. Unfortunately, that didn’t happen.
I feel terrible for leaving our guys at the worst moment possible. We tried so hard to provide them with everything we could throughout the year and failed at the very end. This sucks.
I apologize to everyone who put their time and effort into Forward Gaming – our players, employees, and fans. I don’t know how to express our appreciation for your support and incredible dedication. Thank you.
And of course, I wish best of luck to our guys – Yawar, Quinn, Sney, Mojo, Pie, Kurtis and Jack. I hope you’ll kick some ass in Shanghai, will be cheering for you like crazy.
Goodbye guys. All the best.
David Dashtoyan, CEO
P.S. To connect with the team’s manager write to reachjackchen@gmail.com
Source – https://www.joindota.com/en/start
